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Long Island
Posted: February 9, 2015
Gorjian of Namdar Realty completes disposition of 190,000 s/f shopping center
Joel Gorjian led Namdar Realty Group in the disposition of Huntington Plaza, a 190,000 s/f shopping center. Tenancy includes Aaron's, Hibbett's, JCPenney, Dollar General, Big Lots, Peebles, and other national/regional retailers. Namdar is looking to unload 15 other properties throughout the country, including New York.
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Long Island
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The evolving relationship of environmental consultants and the lending community - by Chuck Merritt
When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.